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Noront Resources Ltd (NOT:TSXV) - News Alert

NORONT ANNOUNCES HIGH GRADE INFILL DRILLING RESULTS AT EAGLE'S NEST

Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to report the remaining assay results from the infill drilling program at the Eagle's Nest deposit at the Company's McFaulds Lake Project in the James Bay lowlands, Ontario.

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HIGHLIGHTS:

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The significant intersections from recent drilling include.

- NOT-10-091A intersected 56.5 metres averaging 2.28% Ni, 1.16% Cu,

1.27 gpt Pt and 5.08 gpt Pd

Including 5.1 metres averaging 7.2% Ni, 1.44% Cu, 0.48 gpt Pt and

15.00 gpt Pd

and 2.5 metres averaging 5.18% Ni, 2.46% Cu, 5.21 gpt Pt and 20.48

gpt Pd

- NOT-10-096 intersected 52.2 metres averaging 1.89% Ni, 1.26% Cu, 1.73

gpt Pt and 4.44 gpt Pd

The following table summarizes the infill drill results at Eagle's Nest.

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HOLE ID FROM (m) TO INT. (m) Ni Cu Pt Pd Au

(m) % % gpt gpt gpt

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NOT-10-091A 603.4 659.9 56.5 2.28 1.16 1.27 5.08 0.20

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Including 619.3 624.4 5.1 7.20 1.44 0.48 15.00 0.04

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Also including 650.8 653.3 2.5 5.18 2.46 5.21 20.48 1.23

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NOT-10-092 751.6 780.5 28.9 0.60 0.37 0.67 2.08 0.12

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Including 753.3 759.7 6.4 1.04 0.96 1.56 5.10 0.23

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NOT-10-093 No significant assays

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NOT-10-095 No significant assays

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NOT-10-096 748.5 800.7 52.2 1.89 1.26 1.73 4.44 0.30

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Including 783.0 785.9 2.9 2.11 1.01 0.29 3.59 1.92

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Previously

Reported

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NOT-10-076-W1 531.0 574.5 43.5 3.24 1.19 0.45 4.18 0.10

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NOT-10-081 412.0 569.0 157.0 2.64 1.57 1.72 4.15 0.32

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NOT-10-083 564.9 652.3 87.4 1.93 0.82 1.80 3.17 0.12

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NOT-10-084 660.4 749.6 89.2 1.75 0.87 0.80 3.29 0.20

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NOT-10-087A 534.9 624.2 89.3 2.49 0.99 0.85 3.97 0.20

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NOT-09-049W1 791.1 979.5 188.4 1.67 1.30 1.13 4.24 0.22

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NOT-10-088 770.5 776.5 6.0 0.82 0.87 0.32 0.17 0.07

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NOT-10-089 518.5 594.7 76.2 2.34 1.07 0.92 3.26 0.21

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NOT-10-090 771.5 810.0 38.5 1.66 0.59 0.85 4.03 0.14

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The mineralized intervals do not represent true widths, which cannot be determined at this time.

Noront's President and CEO, Wes Hanson, states: "The Company is pleased with the results. Nickel, copper, platinum and palladium grades were higher than expected in the majority of the holes completed. Most of the holes targeted the inferred resource and the Company believes that a large percentage of the inferred resource has been upgraded as a result of this drilling."

Holes where lower grades were reported were determined to be a result of several factors including:

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- NOT-10-092 appears to have intersected the edge of the

mineralization,

- NOT-10-095 was a step out hole targeting a prospective body 100

metres south of Eagle's Nest,

- Borehole geophysics carried out on NOT-10-093 indicated the

mineralization is south of the hole.

- Hole locations are shown at

(

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